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Trader Joe
Learning Centre
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Security & Contracts
Yield Farming
Why Yield Farm?
- Deposit your Liquidity Pool tokens into a farm to earn extra yield.
- Extra yield is rewarded in $JOE Tokens.
When you deposit Tokens into a Yield Farm, you also continue to earn Trading Fees from the Liquidity pool
Farm Rewards
Farm
Rewards
Farmers Market
Double: JOE + Token X
noJOE Farm
Single: Token X
Farm
Single: JOE
How to earn JOE token rewards through yield farming
- Connect and confirm your wallet
- Locate the Farm you wish to deposit your LP
- You are now viewing the ‘Manage Farm’ page
- This contains the Farm details including Liquidity, Pool APR, JOE APR, and Bonus APR
- If you don’t have LP tokens yet, select ‘Get LP Tokens’
- This will take you to the token-pair’s liquidity pool eg (AVAX + PTP)
Get LP Tokens
- Once you have supplied Tokens into the pool and received your LP tokens, return to the farm
- On the right-hand side, Select Stake and enter the amount of LP tokens you wish to deposit
- Press Approve or Deposit (or both) and Confirm the transaction in your wallet
- Congratulations, you are now earning Farm rewards!
How to Unstake
- Click the 'Unstake' Tab and select the amount of LP Tokens to Unstake, or press 'Max'
- Press Confirm and Confirm in your Metamask Wallet when prompted
- Then select the 'Detach LP Tokens' button (Highlight in Red Below)
- This will take you to the Liquidity Pool page, where you can withdraw your Tokens
How to Harvest Rewards
- You can Harvest Farm rewards, at anytime
- Simply press the Harvest button and any pending rewards, will be added to your wallet.
- Any Bonus Rewards accrued, will be held in the Smart Contract waiting for you to Harvest
Types of Rewards
- Pool APR: Fees collected by Liquiity Pools, paid on top of your position when you withdraw
- JOE APR: JOE Tokens that can be collected by pressing Harvest
- Bonus APR: Bonus Reward Tokens that can also be claimed by pressing Harvest
Single Rewards Farm
Double Rewards Farm
Prefer to watch a video?
Watch the below for a simple how to guide
Last modified 2mo ago